what will be the journal entry for payment through credit cards and under what head credit card account will come.

what is non corporate entity?

Manager sent to company's meetings. there he stays for 10 days.he incurred expenses like breakfast, lunch,dinner,petrol & diesel,stay in hotel and many other expenses.we received all bills from him.someone suggest me to pass all the entries in tour and travelling. is he right or I have to debit respective accounts like in case he pays for petrol Petrol & diesel Dr cash Cr Kindly clarify

Director has incurred expenses like petrol & diesol on his on name and also incurred some other expenses on his own name.should we pass the journal entry like we do in business expenses. eg expenses a/c Dr. To cash/bank or should I debit his capital account?? kindly clarify.

hi,
Can any one tell me the reason why i am getting the negative figure in debtors ledger. when i enter Alt+F8 which gives the details of the ledger, I get the figures in negative i.e, the gross total, sales and service tax.


Thank you

1) 26-6-16= Aman Motors purchased Vertical Honing Machine at Rs. 1872000 ivAT 09 4%) from Susmit& Son's. Vide bill no. SS-022. On 26-5-09 Tax author. ities allowed a tax credit of Rs. 60000 to be set off in 12 monthly instal- ments Hint: Enter the above entry in three transactions, first capitalize the full value in purchase voucher then pass a journal entry for the input credit allowed and finally pass a journal entry for claiming the instalment for the month.

Sir, if goodwill is a reputation .. so how we can calculate reputation to money?

Dear all
Can anyone please tell me answer of the following questions_
X of Delhi send out goods costing Rs 100000 to y Kolkata. 3/5th of the goods were sold by consignee (y) for Rs 70000. Commission 2 % on sales plus 20% of gross sales less all commission exceeds cost price. So the amount of commission?

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Sir, kindly provide a solution for the following problem- H Ltd acquired 15000 shares of A Ltd on 31.05.2010, as on 01.4.2010 securities premium of A Ltd was 10,00,000. Profit for the year 2011 was 4500. My querry is- 1. Whether securities premium will be included in pre acq profit. 2. If i include such figure in pre acq profit, capital reserve is created of huge amount which ultimately reduces my investment value n makes it negative, but my net worth is positive so my investment should also be positive.